Interest Rates
Domestic Term deposits FCNR Deposits Advances EMI Chart

Domestic Term Deposits/ NRO Term Deposits

Interest Rate on Domestic Term Deposits/ NRO Term Deposits
 
Duration For Amount less than Rs. 1.00 crore (% per annum w.e.f. 18.01.2016) For Amount Rs. 1 crore to Rs. 5 crore (% per annum w.e.f. 18.01.2016)
7 to 14 Days 4.50 5.00
15 to 30 Days 5.00 6.00
31 to 45 days 5.50 5.50
46 to 90 days 6.00 6.00
91 days to 119 days 6.60 6.50
120 days to 180 days 6.60 6.50
181 days to 270 days 7.00 6.75
271 days to 364 days 7.25 6.75
365 days/ One year 7.60 7.00
Above 1 year to 443 days 7.60 6.75
444Days/Mahanidhi 7.61 6.75/N.A.*
445 Days to 665 days 7.60 6.75
666 Days/ Maha Labh
7.62 6.75/N.A.*
667 Days to less than 2 Years 7.60 6.75
2 years to less than 3 years 7.50 6.75
3 years/Mahalaximi 7.30 6.75/N.A.*
Over 3 years to 5 years 7.30 6.75
Over 5 years to 10 years 7.25 6.75
 
*Mahanidhi/Mahalabh/Mahalaxmi are applicable below Rs. 1 crore only.
  • For Deposit above Rs. 5 Crore, please contact our nearest Branch/Zonal Office.
  • Resident Indian Senior Citizens will be offered an additional rate of 0.50% p.a. only for all maturity slabs of 91 days and above for deposits upto Rs. 1 crore only.The additional interest is not applicable to any type of non-resident deposits.
  • The rate of interest on Bank Term Deposits Scheme, 2006 (Tax Saving Scheme for 5 year term deposit) up to investments of 1.50 Lakh only will be 7.30%.
  • A member or a retired member or the spouse of a deceased member or spouse of a deceased retired member of the Bank’s staff will be offered an additional interest rate of 1.00% only upto an amount of Rs. 1 crore only.
  • Senior citizen retired members of staff of the Bank will be given dual benefit of additional interest offered to retired staff members and senior citizens as well for deposit upto Rs. 1 Crore Only.
  • Deposits to be accepted for a maximum period of 10 years.
  • All rates are subject to change from time to time.